The Cuban Embassy in Monrovia obstacles imposed by Washington for banking transactions ‘extremely limit’ Cubana de Aviacion’s performance as an airline.In a report issued Monday, 10 September, the Embassy says Cuba is experiencing serious difficulties in buying or leasing aircraft with technical components due to US blockade on the country.
The Embassy says the country is experiencing serious difficulties in buying or leasing aircraft with technical components of practically any technology due to the economic, financial and commercial blockade placed by the United States.
Chargé d’Affaires Yordenis Despaigne Vera reported here that the extraterritorial effect of the sanctions makes it impossible for the company to access aircraft produced by companies such as Airbus, Dassault and Boeing.
The report shows that Cubana de Aviacion cannot carry out the maintenance of the equipment in specialized agencies of many countries. As a result of the blockade, the report notes that the entity cannot benefit from possible permits for the acquisition or lease of aircraft in the United States, as well as for the purchase of pieces.
These transactions are not viable from the commercial and financial point of view due to the permanence of the set of laws and additional regulations of the blockade, the Cuban Ministry of Foreign Affairs says.
Cuba says the impact of these measures on the safety of flights, the stability of the airline and its chances of survival is evident.
In general, it says transportation is among the most affected sectors: from April 2017 to March 2018, damages from the blockade rising to 101,550,000 dollars were reported.The report indicates further that the blockade touches all fields of the Cuban society and its impact in current lives for the Cubans is undeniable.
It notes that the economic repercussion on the Cuban people due to the application of the economic, commercial and financial blockade of the United States of America against Cuba during the last 50 years amount for over USD $125, 873,000,000 at current prices.
Meanwhile the report says the economic, financial and commercial blockade imposed by the United States on Cuba causes multimillion limitations on the island’s culture, according to the annual report.
The damage on Cuba’s cultural system is visible in all its manifestations, meetings and exchanges between Cuban artists and their US counterparts have been decreasing, the report concludes.
By Ethel A. Tweh–Edited by Winston W. Parley